The 2018 Michigan Education Trust (MET) Costs Are Out, and the Numbers are Ugly

Michigan recently released the 2018 costs of purchasing the Michigan Education Trust (MET).  The MET is a prepaid tuition plan in which you pay for future college credits today.  In theory, you are paying for future college credits at today’s lower prices.  As I discussed in this article,  really you are paying for future college …

Continue reading The 2018 Michigan Education Trust (MET) Costs Are Out, and the Numbers are Ugly

MESP vs. MET: What’s the Best Michigan College Savings Plan? 

According to the University of Michigan website, it costs nearly $30,000 per year to attend UofM. Michigan State is not much cheaper with a year costing $25,000. Even scarier, if the trend continues it will cost nearly $270,000 for my 2 year old to graduate as a Michigan Wolverine (hopefully the football team will finally …

Continue reading MESP vs. MET: What’s the Best Michigan College Savings Plan?